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the speeches from this weekend, the speech speeches from- president obama and senator jon kyl of arizona. >> the plan would force us to relive this crisis in a few short months. it would hold washington captain to politics once again. that is not acceptable. any solution to avoid default must be bipartisan. it must have the support of both parties that were sent here to represent the american people. not just one faction of one party. there are multiple ways to resolve this problem. congress must find common ground on a plan that can get support from both parties in the house and the senate. it has got to be a plan i can sign by tuesday. the parties are not that far apart. we have agreement on how much needs to be cut to reduce our deficit. we have agreed on how to tackle entitlement reform. there are plenty of ways out of this mess. there is little time. we need to reach a compromise by tuesday so that our country will have the ability to pay its bills on time. bills like contract we have signed with thousands of american businesses. if we don't, we could use our -- lose our country's a
'm the senate republican whip jon kyl of arizona. by now, but americans the lawmakers are engaged in a difficult debate about the debt ceiling, the legal limit to the amount of money the federal government can borrow. the debt ceiling is currently set at a little more than $14 trillion and if the congress and the president don't reach an agreement to raise it by tuesday, the treasury secretary tells us america will no longer be able to pay its bills. the consequences of missing this deadline could be severe. it is precisely because of washington barrault's so much money, more than 40 cents out of every dollar spent. spending would have to shrink by 40% quickly. what is more, markets would likely respond, dropping in value and hurting their retirement savings of millions of americans. republicans have tried to work with democrats to avoid this result and put our country on a better path, but we need them to work with us. we start from the understanding that the reason the debt ceiling is a problem is because of runaway washington spending. republicans have been united in the belief that raising t
report on the choices that consumers are making in the wireless phone market. >> jon huntsman was that the republican party rally on saturday. he talked about his priorities if elected. that includes addressing the national debt and government spending and launching an industrial revolution to create jobs. this a little less than 40 minutes. [applause] >> my grandfather was an educator. he used to teach his three sons that if you want to succeed in life and achieve anything worth achieving, you become not a teacher but an educator. that was the term he used. he was the principle of a high school -- principal of a high school in california. he said if you cannot do that, if you could have a fallback and go back into business. my father went into business. he did not cut it as an educator. he did ok. i got the same lecture from my father growing up. if you want to make anything of your life, you have to go into business. that is where you can make things come create value, and change the world. not everybody is cut out for business. you have to have a fallback position in life i
Search Results 0 to 2 of about 3